Property Summary: 315 Island Shore Boulevard, Island Lakes, Winnipeg
Key Characteristics & Appeal
This two-storey home on Island Shore Boulevard is a well-positioned property within the established Island Lakes neighbourhood. Its key characteristic is its above-average living space (1,589 sqft), which ranks in the top 25% for its immediate street and top 26% citywide, offering more room than many comparable homes. The home features an attached garage and a renovated basement, adding functional living and storage space. Built in 1993, it is a relatively modern home compared to the Winnipeg average.
The appeal lies in its balanced offering within a mature community. While the lot size is more modest compared to others in Island Lakes, this can translate to less yard maintenance. The home’s assessed value is notably above the city median, yet it sits below the neighbourhood average, which may present a value opportunity within this desirable area. It would particularly suit buyers looking for a move-in ready, spacious family home in a settled neighbourhood without the upkeep of a larger property lot, or for those who prioritize interior living space over extensive outdoor space.
Frequently Asked Questions
1. How does this home’s value compare to the area?
The home’s assessed value is above the city-wide average but below the average for the Island Lakes neighbourhood specifically. This positioning can sometimes indicate a value proposition within a sought-after community.
2. Is the lot size a concern?
The land area is around the city average but smaller than many lots in Island Lakes. This is a trade-off: it means less yard maintenance but also less private outdoor space than some neighbours have.
3. What does "renovated basement" typically include?
The listing confirms a renovated basement but does not specify the scope. Buyers should inquire about the finish quality, permits, and the nature of the renovation (e.g., recreational room, additional bedroom, etc.).
4. How stable have property values been on this street?
Public data shows a sale in July 2022 in a range consistent with the current assessed value. For precise historical sold prices to track trends, you can request the exact figures via the provided email service.
5. What is the community vibe of Island Lakes?
Island Lakes is an established, family-oriented neighbourhood from the late 1980s and 1990s, known for its curvilinear streets, bay names, and access to parks and waterways. This home is on a main boulevard, so traffic considerations may differ from quieter bays or courts within the same community.